HCA Healthcare (HCA) Debt Ratio (2010 - 2026)

HCA Healthcare (HCA) reported Debt Ratio of 0.78 for Q1 2026, up 4.84% year-over-year from 0.75 in Q1 2025, and up 2.07% quarter-over-quarter from 0.77 in Q4 2025.

HCA Healthcare (HCA) Debt Ratio (2010 - 2026) Analysis & Trends

HCA Healthcare (HCA) has 17 years of Debt Ratio data on file, last reported at 0.78 in Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.78, up 4.84% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.78 (up 4.84% YoY), and the FY2025 annual result was 0.77, up 5.9% from the prior year.
  • Debt Ratio grew to 0.78 in Q1 2026 per HCA's latest filing, from 0.77 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.78 in Q1 2026 and troughed at 0.7 in Q4 2023.
  • A 5-year average of 0.73 and a median of 0.73 in 2023 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2022 and 2024: Debt Ratio grew 12.39% in 2022, then dropped 4.28% in 2024.
  • A 5-year view of Debt Ratio shows it stood at 0.73 in 2022, then retreated by 3.02% to 0.7 in 2023, then climbed by 2.65% to 0.72 in 2024, then climbed by 5.9% to 0.77 in 2025, then rose by 2.07% to 0.78 in 2026.
  • Business Quant data shows HCA's Debt Ratio at 0.78 in Q1 2026, 0.77 in Q4 2025, and 0.74 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn 0.78
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn 0.42
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn 0.61
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn 0.35
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn 0.03
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 0.30
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn 0.24
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn 0.06
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 0.01
10 Concentra Group Holdings Parent 3.59 Bn 3.54 Bn 170.47 Mn 0.55

Historic Data

Download Data
DateValue
Mar 31, 2026 0.78
Dec 31, 2025 0.77
Sep 30, 2025 0.74
Jun 30, 2025 0.75
Mar 31, 2025 0.75
Dec 31, 2024 0.72
Sep 30, 2024 0.72
Jun 30, 2024 0.71
Mar 31, 2024 0.71
Dec 31, 2023 0.70
Sep 30, 2023 0.72
Jun 30, 2023 0.73
Mar 31, 2023 0.74
Dec 31, 2022 0.73
Sep 30, 2022 0.73
Jun 30, 2022 0.75
Mar 31, 2022 0.72
Dec 31, 2021 0.68
Sep 30, 2021 0.65
Jun 30, 2021 0.68